Should have been completed I guess

there's literally a concrete road block approx where KEO fence ends

Have you visited this place recently?

town council has a plan to make it a promenade + cycling path and at least some works (curbs/compaction) have already been made, - should not be treated as a road anymore.

https://www.elemesos.com/syndesi-marinas-kai-neou-limaniou-meso-pezodromou-kai-podilatodromou/

https://lemesoslive.com.cy/2024/11/15/syndesi-marinas-neolimani/

This is exactly what it is on the ground. I rode that thing on a bike and just imported my gps track.

more on this:
https://lemesosblog.com/archizei-simera-simantiko-ergo-ypodomis-ston-ypsona-fotografies/

>Is the intersection being rebuilt?
Yep, seems there will be a compact one-lane roundabout.

A week or so ago there were works on creating circle-shaped flower bed for the middle of the future roundabout.